PVN’s President and CEO Le Manh Hung to work with PTSC

Within the framework of the mission in Ho Chi Minh City, on the morning of October 17, the delegation of Petro Vietnam (PVN) led by President and CEO Le Manh Hung had a meeting at the Petro Vietnam Technical Services Corporation (PTSC).

Attending the meeting, there were leaders of the department / Corporation Office; Chairman Phan Thanh Tung, President and CEO Le Manh Cuong; members of Board of Directors, Board of Management and leaders of Department, Member of PTSC

Addressing at the meeting, on behalf of PTSC, President and CEO Le Manh Cuong reported general information about organization structure, Investment, financial situation, HR system in general and the business performance in the first 9 months of the year in particular, as well as the plan of the last months of 2019 PTSC and the development orientation in the future

Specifically, in the first 9 months, PTSC consolidated revenue is VND 13.000 billion, equaling 100 % of the year plan, up by 12 % compared to the same period in 2018; Consolidated profit before tax was estimated at VND 790 billion, equivalent to 113 % of the year plan

PTSC President and CEO Le Manh Cuong also raised suggestions and recommendations to PVN to in order to solve a number of difficulties surrounding production and business activities, financial issues as well as restructuring, specifically in some contracts/projects such as Long Phu 1 Project, FPSO CRD Project, FPSO Lam Son train operation contract, FPSO Ruby II Contract...

Chaired by PVN’s President and CEO Le Manh Hung, the leaders of PVN Departments exchanged and discussed to find specific solutions to remove difficulties for PTSC.

On behalf PVN's Board of Directors, President and CEO Le Manh Hung sent congratulations to PTSC's leaders, officers and employees for their efforts to overcome difficulties, successfully completing the planned tasks in the past year.

Truc Lam- Petrotimes.vn